P-Card Annual Refresher Course FY23 questions with verified answers

P-Card Annual Refresher Course FY23 questions with
verified answers
____________ are purchases requiring coordination.
-Official NAF government travel
-Hazardous material
-Rental/Lease of motor vehicles
-Cash advances Ans✓✓✓--Hazardous material
-Rental/Lease of motor vehicles


A cardholder must attempt to resolve any issues/disputes with vendor:
-Within 120 days of post date
-During current billing cycle
-Within 60 days of transaction date
-Never Ans✓✓✓--During current billing cycle


A cardholder must retain purchase documentation for:
-2 Years
-3 Years 6 Months
-10 Years (after current FY)
-7 Years Ans✓✓✓--10 Years (after current FY)


A new cardholder must complete _________ initial training before a card can be
issued.
-CSBP

, -IBPS
-ACCESS
-P-Card Ans✓✓✓--P-Card


Cardholder must print a monthly statement (Statement of Account report) from
PaymentNet and attach receipts.
-True
-False Ans✓✓✓-True


Cardholders and Approving Officials have _____ from postdate to complete the
review and approval process.
-30 days
-2 weeks
-4 business days
-7 business days Ans✓✓✓--4 business days


Cardholders are permitted to make Split Purchases.
-True
-False Ans✓✓✓--False


Cash advances are prohibited under the NAF Purchase card.
-True
-False Ans✓✓✓--True


Detailed transaction notes are no longer necessary in PaymentNet.